Total Voting Rights

Caracal Energy Inc. - Total Voting Rights

CALGARY, July 1, 2014 /CNW/ - Caracal Energy Inc. ("Caracal" or the "Company")
(LSE:CRCL) notifies the market that the Company's issued share capital as at
the close of business on 30 June 2014 was 160,902,655 common shares. The
Company does not hold any common shares in treasury.

As at 1 July 2014, the total number of voting rights in the Company is
160,902,655. Shareholders may use this figure as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of the Company
under the Financial Conduct Authority's Disclosure and Transparency Rules
("DTRs").

This announcement is in conformity with DTR 5.6.1.

About Caracal Energy Inc.

Caracal Energy Inc. is an international exploration and development company
focused on oil and gas exploration, development and production activities in
the Republic of Chad, Africa. In 2011, the Company entered into three
production sharing contracts ("PSCs") with the government of the Republic of
Chad. These PSCs provide exclusive rights, along with its partners, to explore
and develop reserves and resources over a combined area of 26,103 km2 in
southern Chad. The PSCs cover two world-class oil basins with oil discoveries
and numerous exploration prospects.

The Company's shares trade on the London Stock Exchange under the symbol CRCL.

About Glencore

Glencore is one of the world's largest global diversified natural resource
companies. As a leading integrated producer and marketer of commodities with a
well balanced portfolio of diverse industrial assets, Glencore is strongly
positioned to capture value at every stage of the supply chain, from sourcing
materials deep underground to delivering products to an international customer
base. The Group's industrial and marketing activities are supported by a global
network of more than 90 offices located in over 50 countries. The Group's
diversified operations comprise over 150 mining and metallurgical sites,
offshore oil production assets, farms and agricultural facilities. Glencore
employs approximately 190,000 people, including contractors.

SOURCE: Caracal Energy Inc.

For further information:

Caracal Energy Inc.
Gary Guidry, President and Chief Executive Officer
Trevor Peters, Chief Financial Officer
[phone]

Longview Communications - Canadian Media Enquiries
Alan Bayless
[phone]
Joel Shaffer
[phone]

FTI Consulting - UK Media Enquiries
Ben Brewerton / Ed Westropp
+ 44 (0) 207 8313 3113
[e-mail]